For 24 years, BRAC Bank has been more than just a bank; it has been a partner in Bangladesh’s economic growth. This dedication has culminated in a monumental achievement: serving a staggering 20 lakh SME customers—a feat unparalleled in the industry, as stated in the press release.
Through the disbursement of BDT 2 lakh crore in SME loans, BRAC Bank has fuelled the dreams of countless entrepreneurs and, in doing so, has touched the lives of 2 crore people. This impactful journey has solidified our position as the true synonym for SME financing in Bangladesh.
To celebrate this landmark achievement and reinforce our unwavering commitment, BRAC Bank is launching a series of groundbreaking initiatives under the unifying campaign, “SME Means BRAC Bank.” BRAC Bank is empowering entrepreneurs with a market-lowest collateral-free lending rate of just 13.75%, pioneering digital financing with the Prabartan unsecured loan for e-commerce and f-commerce businesses, and modernizing business banking with the launch of BizPay, the exclusive SME Transaction Banking Platform.
This offering reinforces BRAC Bank’s position as a trusted and caring financial partner for small businesses across the country. The reduced interest rate will be available throughout August and September 2025, enabling greater access to finance for CMSME business owners and promoting inclusive, sustainable growth, and revitalizing the rural economy. The bank continues to expand its CMSME offerings to promote financial inclusion and support enterprise growth across Bangladesh. Over the decades, BRAC Bank has established itself as a go-to bank for CMSME business owners, particularly those who cannot afford collateral to secure a loan for starting and expanding their businesses.
Prabartan is an unsecured loan product designed specifically for e-commerce and f-commerce businesses. For the first time in Bangladesh, online sales records—not traditional bank statements—are the key to flexible financing for working capital and business expansion. Prabartan offers a modern approach to funding digital-first businesses, whether they operate a physical store or a completely virtual one.
To modernize SME banking, BRAC Bank has introduced BizPay, the exclusive transaction banking solution. This comprehensive platform offers a faster, smarter way to manage business finances, moving beyond the limitations of conventional banking and providing a robust digital tool for high-volume transactions.
These initiatives are not just new products; they are a testament to the bank’s continued evolution and unwavering commitment to the SME sector. As the bank looks to the future, BRAC Bank remains dedicated to serving as the most trusted financial partner for every SME in Bangladesh.
Syed Abdul Momen, Additional Managing Director and Head of SME Banking, said: “Our focus has always been on enabling small businesses to thrive. In our 24-year journey is a legacy of trust, built on empowering 20 lakh SME customers. We’ve fueled a new generation of entrepreneurs and touched the lives of 2 crore people. Our campaign, ‘SME Means BRAC Bank,’ reflects this commitment.
BRAC Bank remains committed to delivering easily accessible, faster and affordable financial services aligned with its long-term vision of inclusive economic progress.
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